Shree Global Tradefin to raise funds

Shree Global Tradefin Ltd has announced that the Board of Directors of the Company at its meeting held on June 24, 2010, inter-alia, has decided to raise resources by Issue of 22 Million Non Cumulative Redeemable preference Shares of Rs. 100/- each on preferential basis subject to shareholders and other necessary approvals.

The stock closed the day at Rs.244.50, up by Rs.7.40 or 3.12%. The stock hit an intraday high of Rs.247.50 and low of Rs.238.

The total traded quantity was 46736 compared to 2 week average of 18061.

Source : Equity Bulls

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